The turnover for the construction of bridges and tunnels in Italy has shown significant fluctuations over the past decade. From 2013 to 2023, it experienced a generally upward trend with some periods of decline. The turnover increased notably between 2014 and 2019, followed by a consistent growth period from 2020 to 2023, reaching 623.7 million Euros in 2023.
Year-on-year variations for the last two years were 6.54% in 2022 and 6.07% in 2023. The average compound annual growth rate (CAGR) over the last five years (2018-2023) is 8.77%.
Looking forward, forecasts indicate a steady growth with a 5-year CAGR of 3.85% from 2024 to 2028, culminating in a turnout of 796.1 million Euros by 2028. This represents a total growth of 20.8% within the forecast period.
Future trends to watch for include potential rises in public infrastructure investment, technological advancements in construction, and the impact of regulatory changes that could impact project approvals and funding.
